$699,000
398 NE 5th St # 2805, Miami FL 33132
26 days on market
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 442 sqft
- Price per sqft
- $1,581
- Type
- Condominium
- Year built
- 2022
- HOA
- $680/mo
- Taxes
- $10,703/yr
- Waterfront
- Yes
- MLS #
- A12103466
About this home
TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami’s most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.
Estimated subtotal
$1,572/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $892
- HOAMLS association fee, monthly
- $680
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami, 33132
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of Cays LLC
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.